Lpwm LLC Lowers Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Lpwm LLC trimmed its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,511 shares of the company’s stock after selling 206 shares during the quarter. iShares S&P 500 Growth ETF makes up about 0.6% of Lpwm LLC’s portfolio, making the stock its 27th biggest holding. Lpwm LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,811,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in shares of iShares S&P 500 Growth ETF by 1.7% during the 4th quarter. JPMorgan Chase & Co. now owns 44,878,487 shares of the company’s stock valued at $4,556,513,000 after acquiring an additional 764,970 shares during the period. LPL Financial LLC increased its holdings in iShares S&P 500 Growth ETF by 14.4% in the 4th quarter. LPL Financial LLC now owns 17,940,390 shares of the company’s stock worth $1,821,488,000 after acquiring an additional 2,257,493 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of iShares S&P 500 Growth ETF by 6.4% in the fourth quarter. Wells Fargo & Company MN now owns 16,602,697 shares of the company’s stock valued at $1,685,672,000 after purchasing an additional 999,882 shares during the period. Ameriprise Financial Inc. raised its position in shares of iShares S&P 500 Growth ETF by 2.4% during the 4th quarter. Ameriprise Financial Inc. now owns 7,975,850 shares of the company’s stock worth $809,740,000 after purchasing an additional 186,796 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in iShares S&P 500 Growth ETF by 2.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,478,191 shares of the company’s stock worth $556,201,000 after buying an additional 148,960 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $105.55 on Friday. The stock’s 50 day simple moving average is $96.15 and its 200-day simple moving average is $99.60. The company has a market cap of $56.93 billion, a PE ratio of 29.66 and a beta of 1.12. iShares S&P 500 Growth ETF has a 1-year low of $79.31 and a 1-year high of $107.14.

About iShares S&P 500 Growth ETF

iShares S&P 500 Growth ETF, formerly iShares S&P 500 Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500/Citigroup Growth Index (the Growth Index). The Growth Index measures the performance of the large-capitalization growth sector of the United States equity market.